Do you want to use an upgradeable proxy? Which type, Transparent or UUPS (Universal Upgradeable Proxy Standard)? Upgradeability - Smart contracts are immutable by default unless deployed behind an upgradeable proxy.You can use ERC20 or ERC20 COMP (COMP from Compound like voting) tokens to keep a history (checkpoints) of each account's vote power and delegate voting power. The initial amount of tokens that would be created for the deployer This came from the EIP 2612 standard, which allows a user to sign and approve a transaction using a signature that anyone could use. Without paying gas, token holders can allow third parties to transfer from their accounts. Do you want privileged accounts will be able to pause the token from being transferred? This can be used if there's an emergency and a critical vulnerability needs to be addressed Stablecoins pegged to the US dollar do this all the time to match the US dollar price. Would you allow token holders to destroy their tokens? This sounds crazy, but it helps manage the token price. Would you want privileged accounts the capability to mint more tokens? If your token fluctuates in price, you will still want people to be able to buy a cup of coffee with your token, like how you can still buy a coffee with 0.00178 ETH today even though the price of one ETH is $2,819.77. Before creating your ERC20 contract consider the following things: The technical implementation is straightforward, but the financial planning is complicated. The token contract is a standard ERC20 token contract.

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